That stand itself cost us 7million, you can spin in it how you like to look good, no probs.

Collo redirected all our funds into the debts and this is why we are in a cash flow state.

In my books, all our administrators are too blame including the AFL.

Hope that makes sense to someone so intelligent like Sailorman, if not, stiff.

NEVER lose sight of the fact that it was the 15 CLub Presidents who pressured the AFL the Tuesday before Black Friday. They put the pressure on for reasons of short sighted vindictive vested interest, the AFL and Commission bowed to their demands because they lost sight of their responsibility and independence, and were also Essendon* dominated.

Would not have a clue how much the stand cost.

But from an article earlier this year is was mentioned by Malouf that of the $7M debt Carlton has, $2.5M is for the Legends Stand.
http://www.heraldsun.news.com.au/footy/ ... 62,00.html

In 2002 the debts from the Elliot and Legends stands were quoted as $8M out of a total debt of $13m.
http://www.afana.com/netpaper/jan1-45731.html

Fahour spent his first 11 years in Carlton, close to Princes Park, attending local schools and enjoying typical Melbourne winter weekends playing football and watching his team, the beloved Blues.

Broad-shouldered and athletic, the schoolboy ruck-rover discovered to his horror that he was zoned to play for Collingwood because his family had moved from Carlton to Preston when he was 14.

"Can you imagine what it was like for a Carlton supporter to have to pull on a Collingwood football jumper?" he said. "I thought, I could not do this, so I went down to Carlton."

Playing half-back flank for two games in the Blues' Under-19 team, he was in the shadow of Blues legends such as Stephen Silvagni, Mil Hanna and Geoff Southby and saw the writing on the scoreboard.

He has clearly made more of an impression with his brains than boots because neither Hanna nor Southby can recall him, although others do.

It was not the end of his connection to the club. Some years later as a top-flight consultant he tried to stop his club from kicking an own-goal when he advised it not to build the ill-fated Legends Stand at Optus Oval. Then president John Elliott ignored the recommendation.

Fahour's star rose rapidly. He was studying economics at La Trobe University when he caught the attention of Glen Withers, now professor of public policy at the Australian National University, and Eric Jones, now adjunct professor at Melbourne University Business School.

As far as how much the stand cost, lets not forget the fact that when it was built Dockland Stadium was not on the drawing board.

It was also going to be 45,000 capacity stadium, with a higher angle than it currently now has until the MCC and local residents got their mits into it.

For all of Elliotts faults - and I do acknowledge them believe me. If the Legends Stand was built to its original specs and we were not arseholed by Graeme Samuel and the AFL Commission by their decision to support the Dockland Stadium - (tell me why would Melbourne need another 50,000 seat stadium - when their would have been one up the road at Royal Parade) and remember in its original configuration Dockland Stadium was going to be a Rugby/Soccer ground not a Football Oval.

Princes Park was all set to be the number 3 ground in Melbourne - and perfect for the then "best fit" policy of the AFL hosting all the interstate games, any debt we had would have been more than adequately serviced by the revenue and the fact that the AFL were to guarantee fixturing for 30 years.

There is no doubt about you Jarusa. Thank You as I couldn't find a thing.
Again Thanks.

Alright!

Closest I could find was a quote in 1997 on Deja about the Legends Stand costing $10M.

That sounds about right.

So we have wiped off 3 mill in 10 years???

Ok the stand isnt the source of our troubles then...

Look its more than that and ill tell you exactly by Monday.

When I said $2.5M that is referring to what is owed on the Legends Stand.

As Malouf said in the article I quoted, $2.5M of the club's $7M debt is for the Legends stand.

Looking forward to finding out for sure.